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Median Home Price in Southlake, TX

The median home value in Southlake, TX is $1,321,458 as of 2026-07-31, up 3.05% from a year earlier.

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Median Home Value

$1,321,458

Year-over-Year

+3.05%

Population

31,095

Southlake ranks #3 of 346 Texas cities tracked here by median home value, and sits 386.6% above the state's city median of $271,560. It sits in Tarrant County, where the county-wide median is $324,334.

Housing affordability in Southlake

Median household income in Southlake is $250,000+, so the typical home value is no more than 5.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Southlake

Southlake police recorded a violent crime rate of 32 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,000 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Southlake

What is the average home price in Southlake, TX?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Southlake, that value is $1,321,458. That's up 3.05% from a year earlier. It is about 386.6% above the typical Texas city tracked here.

Is Southlake expensive compared to the surrounding area?

Homes in Southlake are more expensive than Tarrant County as a whole, where the median is $324,334 — a difference of about 307.4%.

Is Southlake affordable?

Median household income here is $250,000+, so the typical home value is no more than 5.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Southlake a safe place to live?

Southlake police reported 32 violent crimes per 100,000 residents, covering a population of about 31,095. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in TX

Highland Park · University Park · Bellaire · Parker · Colleyville · Terrell Hills